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Answers: Will psilocybin be FDA-approved? · Will MDMA be approved? · When will psychedelics be legal?

MDMA NDA approval decision will not occur in 2026, with mid-2027 as the earliest realistic timeline under current review trajectory.

Predicted 2026-05-26 · Resolves 2026-08-24 · regulation · Global
77%
ORACLE CONFIDENCE
⏳ Pending
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The FDA will not approve MDMA as a prescription medicine in 2026. The agency's current review pace and the company's clinical data package suggest regulators won't make a final decision until the middle of 2027. This is a real delay that affects when patients can actually access the treatment.

Consensus of 4 agents: fda_reviewer, investor, journalist. 2 dissenting.

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